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L’Oréal expands employee share-ownership plan to boost engagement
- L’Oréal Groupe launches fifth global employee share ownership plan to boost engagement.
- Employees across 62 countries can invest in the company's future through the plan.
- 3,00,000 shares available with a 20% discount on the reference share price.
- Matching contribution included based on employee participation.
- Subscription period from 11 to 25 June, 2025; share settlement on 29 July.
- Shares subject to a five-year holding period with potential early release under certain conditions.
- Over 45,000 L’Oréal employees are shareholders, comprising nearly 50% of the global workforce.
- The aim is to further increase employee participation and foster a sense of ownership.
- Initiative emphasizes L’Oréal's commitment to inclusive value sharing and engagement.
- Share plan aligns employee interests with company performance for long-term success.
- Focus on employee advocacy and engagement crucial for innovation and leadership in the beauty industry.
- Employees seen as strategic partners in driving company success, not just contributors.
- Internal investment expected to enhance loyalty and elevate company's status as a top employer.
- L’Oréal’s approach reinforces the importance of employee engagement and ownership.
- The initiative aims to position the company as a leading employer in the global market.
- The news was originally published on HR Katha.
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